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Ripple’s RLUSD Stablecoin Approved for Use in Abu Dhabi

Published by
Sohrab Khawas

Ripple’s RLUSD stablecoin has been recognized as an Accepted Fiat-Referenced Token by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This approval allows authorized licensed entities to use RLUSD for regulated activities within ADGM, a leading international financial center known for its strong regulatory standards. The recognition strengthens RLUSD’s position as a trusted, compliant settlement asset in the Middle East, complementing Ripple’s recent approvals from other regional regulators in the UAE.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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